Sancode Technologies Ltd — Important, 28-11-2025: Company Update

Sancode Technologies has secured in-principle approval from BSE for a preferential issue. The company plans to issue 1.11 Cr convertible warrants, which can be converted into an equivalent number of equity shares. These shares will be issued to promoters and non-promoters at a price no less than Rs. 54 per share. This strategic step enables the company to raise capital and strengthen its financial position, supporting future business expansion and operational requirements. This move is significant for stakeholders as it indicates a planned capital infusion.